2012, 2013 turbulent years for India: P Chidambaram
While presenting the Interim Budget 2014-15, Union Finance Minister P Chidambaram on Monday said that 2012 and 2013 were years of turbulence for the Indian economy, as they were for other emerging economies.
He declared that on returning to the Ministry of Finance, his primary objectives and concerns were fiscal consolidation, price stability, self-sufficiency in food, reviving the growth cycle, enhancing investments, promoting manufacturing, encouraging exports and quickening the pace of implementation of projects.
The Minister added that he is intend on finding practical solutions to certain stressed sectors such as petroleum, power, coal, highways and textiles.
(Posted on 17-02-2014)